Lemongrass Oil Market

In the next few years, the performance of the Lemongrass Oil Market will be attributed to the increasing number of people looking for natural and organic products as there is a shift towards needing herbal products. The wider acceptance of aromatherapy and essential oils used for therapeutic and relaxation purposes is one of the major factors augmenting the market growth. In addition to this, the increasing application of lemongrass oil in cosmetics, personal care, and food and beverage products is, in turn, promoting the growth of the market. New methods of extraction and processing are expected to enhance the market.

Also, because of the greater inclusive awareness of the green aspects of lemongrass cultivation creates more room for market enhancements. 

The Global Lemongrass Oil Market Industry is poised for substantial growth, with projections indicating a market value of 2.59 USD Billion by 2035. This anticipated growth reflects a compound annual growth rate of 4.14% from 2025 to 2035, suggesting a robust demand for lemongrass oil across various applications. Factors contributing to this growth include the rising popularity of natural products, the expansion of the food and beverage sector, and the increasing adoption of aromatherapy practices. As the market evolves, it is likely that new applications and innovations will further drive the demand for lemongrass oil, solidifying its position in the global market.

The Global Lemongrass Oil Market Industry is experiencing a transformation due to the emergence of e-commerce platforms, which facilitate easier access to lemongrass oil products. Online retailing allows consumers to explore a wide range of options, compare prices, and read reviews, thereby enhancing their purchasing experience. This trend is particularly relevant in regions where traditional retail channels may be limited. The convenience of online shopping is likely to contribute to the growth of the market, as consumers increasingly turn to digital platforms for their essential oil needs. The rise of e-commerce is expected to play a pivotal role in shaping the future of the Global Lemongrass Oil Market.

The Global Lemongrass Oil Market Industry benefits from the burgeoning food and beverage sector, where lemongrass oil is increasingly used as a flavoring agent and preservative. The oil's unique flavor profile enhances various culinary applications, particularly in Asian cuisine, which is gaining global popularity. As consumers seek authentic and exotic flavors, the demand for lemongrass oil in food products is expected to rise. This trend is supported by the projected compound annual growth rate of 4.14% from 2025 to 2035, indicating a robust growth trajectory for the industry. The integration of lemongrass oil into food and beverage formulations exemplifies its versatility and appeal.

The Global Lemongrass Oil Market Industry is significantly influenced by the expanding practices of aromatherapy, which is gaining traction as a holistic approach to health and wellness. Lemongrass oil is widely utilized in aromatherapy for its calming and invigorating effects. The increasing popularity of wellness retreats and spas, particularly in urban areas, contributes to the rising consumption of essential oils, including lemongrass. As the market evolves, it is anticipated that the demand for lemongrass oil will continue to grow, potentially leading to a market value of 2.59 USD Billion by 2035. This trend underscores the importance of aromatherapy in shaping the Global Lemongrass Oil Market.

The Global Lemongrass Oil Market Industry experiences a notable increase in demand for natural and organic ingredients across various sectors, including cosmetics, food, and pharmaceuticals. Consumers are increasingly inclined towards products that are perceived as safe and environmentally friendly. This trend is evident as the market is projected to reach 1.66 USD Billion in 2024, reflecting a growing preference for natural alternatives. As awareness regarding the benefits of lemongrass oil, such as its antimicrobial and anti-inflammatory properties, spreads, the industry is likely to witness sustained growth. This shift towards natural ingredients suggests a promising future for the Global Lemongrass Oil Market.

The Global Lemongrass Oil Market Industry is propelled by the increasing awareness of the health benefits associated with lemongrass oil. Research indicates that lemongrass possesses various therapeutic properties, including anti-inflammatory, antioxidant, and antimicrobial effects. As consumers become more health-conscious, they are more likely to incorporate lemongrass oil into their daily routines, whether through dietary supplements, skincare products, or home remedies. This heightened awareness is likely to drive market growth, as evidenced by the anticipated market value of 1.66 USD Billion in 2024. The focus on health and wellness is a crucial driver for the Global Lemongrass Oil Market.

The Lemongrass Oil Market segmentation by region reveals distinct market dynamics and growth opportunities. North America holds a significant market share due to the growing demand for lemongrass oil in the food and beverage industry. Europe is another key region, driven by the increasing popularity of aromatherapy and the use of lemongrass oil in personal care products. APAC is expected to witness substantial growth over the forecast period, attributed to the rising consumption of lemongrass oil in traditional medicine and the expanding cosmetics industry.South America and MEA are emerging markets with untapped potential, offering opportunities for market expansion.

These regional insights provide valuable data for stakeholders to tailor their strategies and capitalize on growth prospects in specific geographic segments.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Major players in the Lemongrass Oil Market industry are constantly innovating and developing new products to meet the evolving needs of consumers. Leading Lemongrass Oil Market players are focusing on expanding their global presence by establishing new production facilities and distribution networks. The Lemongrass Oil Market development is driven by the increasing demand for natural and organic products and the growing awareness of the health benefits associated with lemongrass oil. The Lemongrass Oil Market Competitive Landscape is highly competitive, with several major players vying for market share.PT. Rolas Nusantara is a leading company in the Lemongrass Oil Market. 

The company is headquartered in Indonesia and has a strong presence in the Asia-Pacific region. PT. Rolas Nusantara offers a wide range of lemongrass oil products, including conventional and organic oils. The company has a dedicated team of researchers and scientists who are constantly working on developing new and innovative products. PT. Rolas Nusantara is committed to providing high-quality lemongrass oil products to its customers at competitive prices.

Another major player in the Lemongrass Oil Market is Kerry Group. The company is headquartered in Ireland and has a global presence with operations in over 140 countries. Kerry Group offers a wide range of lemongrass oil products, including essential oils, flavors, and fragrances. The company has a strong focus on research and development and is committed to providing innovative products to its customers. Kerry Group is a major supplier of lemongrass oil to the food and beverage industry.